What are regulators?
Regulators are either governmental or independent financial institutions that supervise and control the FX industry, thereby ensuring the protection of traders.
Does it matter if a broker is regulated or not?
If your money matters to you, then it also matters if a broker is regulated. If an FX broker is not regulated by an appropriate financial institution, it means that there is no guarantee that your investment is secure or protected.
An indicative list of countries with their corresponding regulatory bodies:
Anguilla
Anguilla Financial Services Commission (FSC) | Website
Antigua and Barbuda
Eastern Caribbean Securities Regulatory Commission (ECSRC) | Website
Australia
- Australian Securities and Investment Commission (ASIC) | Website
- Australian Financial Complaints Authority (AFCA) | Website
Austria
Financial Market Authority (FMA) | Website
Azerbaijan
Financial Monitoring Service of the Republic of Azerbaijan (FMS) | Website
Bahamas
Securities Commission of The Bahamas (SCB) | Website
Bangladesh
Bangladesh Securities and Exchange Commission (BSEC) | Website
Belarus
National Bank of the Republic of Belarus (NBRB) | Website
Belgium
Belize
International Financial Services Commission (IFSC) | Website
Bolivia
Autoridad de Supervision del Sistema Financiero (ASFI) | Website
Brazil
Securities and Exchange Commission of Brazil (CVM) | Website
British Virgin Islands
BVI Financial Services Commission (BVIFSC) | Website
Bulgaria
Financial Supervision Commission (FSC) | Website
Cambodia
Securities and Exchange Commission of Cambodia (SECC) | Website
Canada
- Investment Industry Regulatory Organization of Canada (IIROC) | Website
- Canadian Investor Protection Fund (CIPF) | Website
- Financial Consumer Agency of Canada (FCAC) | Website
Cayman Islands
Cayman Islands Monetary Authority (CIMA) | Website
China
- China Securities Regulatory Commission (CSRC) | Website
- China Financial Futures Exchange (CFFEX) | Website
Croatia
Hrvatska Agencija za Nadzor Finacijskih Usluga (HANFA) | Website
Cyprus
Cyprus Securities and Exchange Commission (CySEC) | Website
Czech Republic
Czech National Bank (CNB) | Website
Denmark
Financial Supervisory Authority (DFSA) | Website
Dominica
Financial Services Unit (dmFSU) | Website
Estonia
Finantsinspektsioon, Financial Supervision Authority (fiFSA) | Website
European Union
- European Securities and Markets Authority (ESMA) | Website
- European Single Supervisory Mechanism (SSM) | Website
- Single Resolution Mechanism (SRM) | Website
- Single Resolution Board (SRB) | Website
Findland
Finanssivalvonta, Financial Supervisory Authority (FIN-FSA) | Website
France
- Autorité des Marchés Financiers (AMF) | Website
- Prudential Supervision and Resolution Authority (ACPR) | Website
- Banque de France | Website
- Financial Firms Register Search (REGAFI) | Website
Germany
BaFin – Federal Financial Supervisory Authority | Website
Greece
Hellenic Capital Market Commission (HCMC) | Website
Hong Kong
- Securities and Futures Commission (SFC) | Website
- The Chinese Gold & Silver Exchange Society (CGSE) | Website
Hungary
- Hungarian Financial Supervisory Authority (HFSA) | Website
- Magyar Nemzeti Bank (MNB) | Website
- Pénzügyi Békéltető Testület, Financial Arbitration Board (PBT) | Website
India
Indonesia
- Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)
- Jakarta Futures Exchange (JFX)
- Indonesia Commodity and Derivatives Exchange (ICDX)
- Indonesia Clearing House (ICH)
- Otoritas Jasa Keuangan (OJK)
Ireland
Central Bank of Ireland | Website
Israel
Israel Securities Authority (ISA) | Website
Italy
Commissione Nazionale per le Societa e la Borsa (CONSOB) | Website
Japan
- Financial Services Agency (FSA) | Website
- Financial Futures Association of Japan (FFAJ) | Website
- Japan Securities Dealers Association (JSDA) | Website
Kenya
Capital Markets Authority (CMA) | Website
Latvia
FKTK, Financial and Capital Market Commission (FCMC) | Website
Liechtenstein
Financial Market Authority (FMA-li) | Website
Lithuania
Lithuanian Securities Commission (LSC) | Website
Luxembourg
- Commission de Surveillance du Secteur Financier (CSSF) | Website
- Luxembourg Deposit Guarantee Fund (FGDL) | Website
Malaysia
- Securities Commission Malaysia Labuan (SC) | Website
- Labuan Financial Services Authority (labuanFSA) | Website
Maldives
Ministry of Economic Development (MED) | Website
Malta
Malta Financial Services Authority (MFSA) | Website
Mauritius
Mauritius Financial Services Commission (FSC Mauritius) | Website
Montenegro
Capital Market Commission Montenegro (SCMN) | Website
Nigeria
Securities & Exchange Commission Nigeria (SEC Nigeria) | Website
Netherlands
Authority For the Financial Markets (AFM) | Website
New Zealand
Norway
Financial Supervisory Authority of Norway (FINANSTILSYNET) | Website
Poland
Komisja Nadzoru Finansowego (KNF) | Website
Portugal
- Portuguese Securities Commission (CMVM) | Website
- Investor Compensation System Portugal (SII) | Website
Romania
Autpritatea De Supraveghere Financiara (ASF) | Website
Russia
Central Bank of Russia (CBR) | Website
Saint Vincent and The Grenadines
St. Vincent & the Grenadines Financial Services Authority (SVGFSA) | Website
Seychelles
Financial Services Authority Seychelles (FSA Seychelles) | Website
Singapore
The Monetary Authority of Singapore (MAS) | Website
Slovakia
Narodna Banka Slovenska (NBS) | Website
South Africa
Financial Sector Conduct Authority (FSCA South Africa) | Website
Spain
Commision Nacional del Mercado de Valores (CNVM) | Website
Sweden
FINANSINSPEKTIONEN (FI Sweden) | Website
Switzerland
Swiss Financial Market Supervisory Authority (FINMA Switzerland) | Website
Turkey
Capital Markets Board of Turkey (CMB Turkey) | Website
United Kingdom
- Financial Conduct Authority (FCA) | Website
- Financial Services Compensation Fund (FSCS) | Website
- Bank of England (BoE) | Website
- Prudential Regulation Authority (PRA) | Website
- Financial Policy Committee (FPC) | Website
- Financial Firms Register Search (FS Register) | Website
United Arab Emirates
- Dubai Financial Services Authority (DFSA) | Website
- Securities and Commodities Authority (SCA) | Website
- Dubai Multi Commodities Centre (DMCC) | Website
- Dubai Gold & Commodities Exchange (DGCX) | Website
United States
- The National Futures Association (NFA) | Website
- Securities Investor Protection Corporation (SIPC) | Website
- Commodities Futures Trading Commission (CFTC) | Website
- US Securities and Exchange Commission (SEC) | Website
- Financial Industry Regulatory Authority (FINRA) | Website
- Consumer Financial Protection Bureau (CFPB) | Website
Vanuatu
Vanuatu Financial Services Commission (VFSC) | Website